Accounting Consequences Clause Samples
The Accounting Consequences clause defines how certain actions or transactions under the agreement will be treated for accounting purposes. It typically specifies which party is responsible for recognizing assets, liabilities, revenues, or expenses resulting from the contract, and may reference applicable accounting standards or principles. This clause ensures that both parties have a clear understanding of the financial reporting implications of their arrangement, helping to prevent disputes or misunderstandings related to financial statements and compliance.
Accounting Consequences. For financial reporting purposes, the Merger is intended to be accounted for as a "purchase."
Accounting Consequences. For financial reporting purposes, the Merger is intended to be accounted for as a "pooling of interests."
Accounting Consequences. For accounting purposes, the Merger is intended to be treated as a "pooling of interests."
Accounting Consequences. It is intended by the parties hereto that the Merger shall be accounted for as a purchase, not a pooling of interests.
Accounting Consequences. It is intended by the parties hereto that the Transactions shall qualify for accounting treatment as a pooling of interests under US GAAP.
Accounting Consequences. 10 Section 2.11
Accounting Consequences. It is intended by the parties hereto that the Merger shall, subject to applicable accounting standards, qualify for accounting treatment as a pooling of interests.
Accounting Consequences. It is intended by the parties hereto that the purchase and sale of the Purchased Shares under this Agreement shall qualify for accounting treatment as a purchase under U.S. generally-accepted accounting principles.
Accounting Consequences. It is intended by the parties hereto that the Transactions shall qualify for accounting treatment as a pooling of interests under U.S. generally accepted accounting principles.
Accounting Consequences. It is intended by the parties hereto that the Merger qualify as a purchase for accounting purposes.